Client Engagements
Department of Homeland Security, Transportation Security Administration (TSA)
Plough-Back Financial works with TSA program offices, providing cost estimating support services and related workshop instruction. We prepare independent government cost estimates (IGCE) and lifecycle cost estimates (LCCE). Plough-Back also developed TSA’s LCCE workshop and instruction guide, which primarily cover work breakdown structures, estimating methods, data analysis, and risk modeling & simulation.
Department of Homeland Security, United States Secret Service, Financial Crimes Division
Plough-Back Financial teamed with the Financial Crimes Division of the United States Secret Service (USSS), managing all aspects of seized and forfeited currency—pursuant to the Treasury Forfeiture Fund program. We prepared dispositions for seized and forfeited currency, and directed these funds either to holding accounts, law enforcement sharing agencies, or petitioners. Our team also spearheaded the due diligence effort required to prepare the division’s quarterly “roll-forward” audit, resulting in the reconciliation of $30 million in seized and forfeited currency assets.
Vaughn Medical LLC
Vaughn Medical (“Vaughn”) engaged Plough-Back Financial to provide business valuation services. The purpose of the engagement was to determine the fair market value of Vaughn to sell a minority equity stake in the Company to potential investors. Plough-Back conducted due diligence on the medical industry, prepared a conclusion of value of 100% equity and the resulting per share price, presented the valuation report to company executives, and participated in the “road show” to present the valuation report to potential investors.
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